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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,091 | $107,353-83.1% | $92,903-80.5% | $152,885-88.2% |
| Participation rate | 29.4% | 79.8%-50.4pp | 76.0%-46.6pp | 82.5%-53.0pp |
| Annual return | 0.00% | 145.62%-145.6pp | 109.43%-109.4pp | 345.39%-345.4pp |
| Employer contribution / active EE | $664 | $4,222-84.3% | $3,653-81.8% | $4,763-86.1% |
| Participant deferral / active EE | $2,745 | $4,848-43.4% | $4,238-35.2% | $5,851-53.1% |
| Admin fee / account holder | $185 | $7,081-97.4% | $5,795-96.8% | $11,598-98.4% |